Garda World Security Corporation
TSX : GW

Garda World Security Corporation

October 20, 2008 09:00 ET

Garda Signs Five Year Agreement with its Canadian Cash Logistics Employees

MONTREAL, QUEBEC, CANADA--(Marketwire - Oct. 20, 2008) - (Garda)(TSX:GW) - For the second consecutive time since the acquisition of Secur in 2003, the Cash Logistics unit of Garda in Canada is pleased to announce the positive conclusion of an agreement with the Canadian Union of Public Employees and its 800 cash logistics employees in Quebec for a period ending September 2013.

"We are proud of the work accomplished by our employees. They offer superior quality service to our clientele in a highly demanding market, thus raising the industry standards," says Patrice Boily, Senior Vice President at Garda. "We believe this agreement will be beneficial for both our employees and our clients and will allow us to remain highly competitive."

About Garda Cash Logistics in Canada

The Cash Logistics unit provides service to all kinds of businesses - commercial, retail, banks, credit unions and any and all other financial service companies, federal and governmental agencies, currency exchanges, and many other businesses with a need for secure currency, coin, check and valuable armored transportation pickup and delivery. The Cash Logistics unit uses innovative technology and logistical expertise to securely and efficiently move and manage information, cash, and other valuables. Our solutions include a combination of armored transportation services, deposit processing, cash vault, in-store/cash control systems, as well as ATM services. Thanks to its strong expertise, the cash logistics unit helps our clients minimize risks, increases their productivity, and adds value to their processes and systems. For more information, visit: http://www.gardaglobal.com.

About Garda

Garda, the fifth largest integrated physical security and cash logistics firm worldwide on an annualized revenue basis, is well known for addressing complex security and investigations issues. As a leading provider in consulting, investigation and security services, Garda is recognized as one of the fastest growing companies with operations across Canada and the United States, Latin America, Europe, the Middle East, Africa, and Asia. With approximately 50,000 dedicated professionals, Garda offers integrated solutions in cash logistics, physical security, consulting and investigations, and enterprise intelligence services. Its team includes specialists and some of the most highly qualified and best-trained experts in the industry. For more information, visit: http://www.gardaglobal.com.

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